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The conclusions argue that artificial intelligence, despite its disruptive nature, does not undermine the essential role of innovative entrepreneurship within capitalism. While AI reshapes entrepreneurial processes and competitive dynamics, the persistence of entrepreneurial space depends primarily on institutional arrangements and policy choices. Preserving a dynamic and socially valuable form of capitalism in the AI era ultimately hinges on human agency rather than on technology itself.
Chapter 8 revisits the classical market failure rationale for public intervention in support of innovative entrepreneurship, arguing that the emergence of artificial intelligence does not invalidate its core logic. The chapter contends that, rather than overturning established policy rationales, AI calls for their careful adaptation. In this respect, it advocates the integration of AI tools into entrepreneurship policy-making, in line with practices already used in the private sector, while cautioning against simplistic policy approaches centred on entry subsidies alone. The analysis highlights the unintended consequences that broad and undifferentiated regulatory interventions may generate, particularly when compliance costs disproportionately affect start-ups and small innovative firms. It also warns against the weaponization of industrial policy in the field of AI, stressing that such strategies risk distorting competitive conditions to the detriment of innovative entrepreneurship. Building on the risks identified in Chapter 7 – including incumbent advantage, systemic lock-in, labour market turmoil, and postmodern forms of entrepreneurship – the chapter outlines four policy propositions aimed at ensuring that AI functions as an enabler rather than a constraint for innovative entrepreneurial activity. Overall, the chapter offers a policy-oriented framework for preserving entrepreneurial dynamism, competition, and social welfare in advanced capitalist economies in the AI era.
David Frayman, London School of Economics and Political Science,Christian Krekel, London School of Economics and Political Science,Richard Layard, London School of Economics and Political Science,Sara MacLennan, London School of Economics and Political Science,Isaac Parkes, London School of Economics and Political Science
This chapter summarises our findings, namely that there are multiple policies and interventions that offer value for money due to their high BCRs, and others that perhaps should be revised or shelved owing to their low BCRs. This may then create a happier society and more effective government spending.
Childhood obesity rates are rising sharply worldwide, creating urgent questions: does the public support government involvement? And do people see obesity as a structural or individual problem? These questions matter for the legitimacy and effectiveness of public policy. Research on comparative public attitudes remains limited. This study addresses that gap. We analyse representative survey data from forty Organization for Economic Co-operation and Development (OECD) countries, including 39,746 respondents. Childhood obesity carries serious consequences for health, education, employment and life expectancy. Parental choices shape children’s diets and activity levels, yet government involvement remains contested, balancing policy goals against personal freedom. At the structural level, a powerful food industry drives rising obesity rates. An experimental vignette design tests the causal effect of the level of risk to a child on public support for government involvement. We also examine links between support, trust and political values and how childhood obesity is framed. A clear majority supports government involvement, consistent with child rights regulations. The level of risk to a child causally increases support. Trust and preferences for values of care and order correlate positively with support. Most respondents frame obesity as a health issue. Few identify it as a structural issue; a finding with significant implications for policy effectiveness.
To analyse the frequency and distribution of alcoholic beverage advertisements and to identify patterns of co-occurring marketing strategies on the three highest-rated broadcast television channels in Brazil between 2018 and 2020.
Design:
Cross-sectional study based on 1296 h of television programming recorded between 2018 and 2020. Alcoholic beverage advertisements were analysed to assess their frequency and distribution according to day of the week and programme audience ranking, while empirical patterns of co-occurring marketing strategies were identified using principal component analysis (PCA).
Setting:
The three highest-rated free-to-air television channels in Brazil.
Participants:
All alcoholic beverage advertisements.
Results:
Of the advertisements identified (n 2369), 11·2 % promoted alcoholic beverages (n 269). Overall, alcoholic beverage advertisements were more frequently aired on weekends than on weekdays and were predominantly aired outside programmes included in the monthly top 10 audience rankings. Four empirical patterns of co-occurring marketing strategies were identified: ‘Brand Characteristics,’ ‘Sports and Well-being,’ ‘Relationships’ and ‘Celebrity and Pleasure.’ Each pattern showed a distinct temporal distribution across the study period, with ‘Celebrity and Pleasure’ being more prominent in 2018 than in 2019, ‘Relationships’ showing the highest representation in 2019, ‘Sports and Well-being’ in 2018 and 2020 and ‘Brand Characteristics’ standing out in 2020.
Conclusion:
Alcoholic beverage marketing was widely present on Brazil’s major broadcast television channels and showed distinct patterns of co-occurring marketing strategies over time. The limitations of current regulations reinforce the need for stricter policies to reduce exposure to alcohol marketing and its potential impact on alcohol consumption.
Ballot propositions provide a unique instance of direct democracy in which voters have a say in a state’s legislative process. However, voters vary in how they understand and evaluate these measures, many of which can be relatively complicated and comprised of multiple provisions. When multiple provisions exist within a single proposition, how do voters aggregate their potentially varying support across the provisions in their calculus of overall support for the proposition? Are all provisions weighted equally or do some matter more? To examine these questions, we construct novel survey questions on three real ballot measures under consideration during the 2022 midterm election cycle. By randomly assigning how we ask respondents for their support of a given ballot proposition, we garner insight into how voters approach voting on ballot measures and their greater decision-making process. We find evidence of a provision-based negativity bias, which is strongest on the most complex and least polarized issue.
Intelligent kindness has been proposed as a management model for reviving the UK welfare state and returning it to adequate functionality. Its goal, to deliver kindness as a core good, resembles that of the Liverpool Care Pathway (LCP), which sought to provide the compassion of hospice care across all end-of-life care, irrespective of setting. Analysis of the LCP’s eventual failure suggests intelligent kindness faces similar risks, which can be avoided. Distinguishing between providing and enabling kindness, managing the relationship between kindness, material and cognitive resources, having dedicated staff to champion it past the roll-out stage, concurrent research planning and implementation, and careful management of its scope and boundaries as it becomes more mainstream should protect it, and help it become established as part of UK welfare regulatory culture.
Health innovation encounters challenges across the innovation lifecycle. Although various policy instruments aim to support innovation, their alignment with stage-specific challenges remains unclear. This study synthesizes evidence to examine how innovation challenges and policy responses are distributed across the health innovation lifecycle, with particular attention to the role of early Health Technology Assessment (early HTA).
Methods
We conducted an umbrella review of review-level studies that examined health innovation challenges and related policy instruments. A comprehensive literature search was performed across five databases, including PubMed, Web of Science, Embase, Scopus, and CINAHL. Twenty-four eligible studies were included and synthesized using a well-established analytical framework. Innovation challenges and policy instruments were mapped across stages of the development pathway and linked to the contributions of early HTA.
Results
Innovation challenges were most pronounced in product design and clinical trial stages. Institutional barriers, including lengthy approval processes, became more prominent during regulatory approval and market access. Eighty policy responses were identified and clustered into economic, regulatory, and informational instruments. Economic measures were concentrated in product design and clinical trial stages, while regulatory instruments focused on regulatory approval and market access. Early HTA emerged as a complementary decision-support approach that may help address product design and clinical trial stages challenges.
Conclusions
There is a clear misalignment between where innovation challenges arise and where policy responses are applied. Integrating early HTA more systematically into innovation policy frameworks could help address challenges in product design and clinical trial stages and improve the likelihood of successful innovation adoption.
This article looks at the deregulation of US prison labor in the 1970s and 1980s, and the use of prison labor in information technology (IT) and digital electronics supply chains. The article, on one hand, locates the effort to deregulate prison labor in US electronics firms’ search for cheap labor enclaves and the uneven development of the postwar United States. At the same time, the article situiates this deregulatory turn in the progressive reforms of the 1970s. These reforms, which occurred first at the state and local levels, sought to promote prisoner welfare, provide opportunities for “self-help,” and rationalize the allocation of state and local resources in light of rising inflation. As such, the article complicates narratives of the rise of neoliberalism, which center issues like “lost confidence” in the efficacy of federal social welfare programs, breaches in public trust following Watergate, the 1973 oil shock, knock-on effects of New Deal and Great Society programs, or emerging “family values” and racist dog-whistle politics. It also frames the labor history of digital electronics in a way that supports an analysis of the relationship between capitalist development and US federalism aongside the particularities of firm-level motivation, insitutional inertia, and prevailing political ideology. Current discussions of Artificial Intelligence (AI) and corrections largely focus on the use of incarcerated persons to train AI algorithms or the use of AI systems to surveil prisoners. However, this article centers the growth of tech supply chains in the 1970s and 1980s as an important precursor to the development of contemporary AI technology and firms.
This paper examines how senior executives at the UK’s largest publicly listed companies financially benefited from the Coronavirus Job Retention Scheme (CJRS), and seeks to explain this phenomenon with the concept of elite welfare. Using a difference-in-differences research design, we analyse the impact of participation in the CJRS on executive remuneration between 2019 and 2023. Drawing on a sample of Financial Times Stock Exchange (FTSE) 350 firms (n = 246), we find that receipt of furlough support in 2020 was associated with significant increases in chief executive officer (CEO) performance pay and total remuneration in the immediate post-pandemic year. We interpret these results through a new analytical approach that understands elite income derived from rent-extraction facilitated by public policy or expenditure as a form of welfare. Unlike conventional welfare, which typically comprises relatively modest payments and concessions to broad sections of the population, elite welfare accrues to a small minority in privileged positions, taking the form of extractions of rent arising through opportunities created by government policy. We argue that recognising elite welfare as a parallel welfare system – largely insulated from competitive constraint and market discipline – provides a valuable new perspective on the interdependencies between inequality, public policy and the redistributive logics of the modern state.
Artificial intelligence is often portrayed as a force set to radically transform entrepreneurship. This book takes a more analytical approach, asking what AI truly changes-and what it does not—about the role of innovative entrepreneurs in advanced capitalist economies. Integrating AI into established economic theories of entrepreneurship, Luca Grilli develops new conceptual frameworks informed by emerging empirical evidence on the nature of AI entrepreneurship. His analysis shows how AI frequently reinforces incumbent advantage while also generating forms of systemic lock‑in around large, AI-driven ecosystems. These dynamics risk narrowing the space for genuinely innovative ideas, thereby reshaping the conditions under which entrepreneurship can thrive. Against this backdrop, The AI Entrepreneur reflects on how institutions and economic policy can safeguard space for entrepreneurial agency, preventing the AI entrepreneur from becoming a postmodern simulacrum confined within increasingly 'fenced' forms of capitalism.
Voting in the United States involves two steps: registering to vote and then casting a ballot. At the same time, the US states differ greatly in what policies govern their registration and voting processes. However, election scholars lack comprehensive and comparable measures of the distinct costs of voter registration and ballot casting, limiting our understanding of the relative difficulty of each step of the voting process, their causes, and their consequences. To alleviate this issue, we decompose the Cost of Voting Index into measures of registration and ballot-casting costs, separately. In doing so, we (1) demonstrate the multidimensionality of the COVI, (2) create a four-category typology of state-level election access ecosystems, and (3) demonstrate the value of these measures through brief examinations of frequently studied research questions. By disentangling registration and ballot-casting policies, this approach distinguishes each policy arena, allowing scholars to examine key theoretical debates about where institutional barriers matter most. These scores can be applied to a variety of research questions, including voter turnout, citizen confidence in elections, and beyond.
For India to meet the sustainable development goals for disability inclusion, realizing disability justice through universal accessibility for persons with disabilities (PwDs) is essential. Universal access guarantees equitable access for PwDs and ensures their just inclusion in mainstream society. India’s National Sample Survey reveals that a significant number of Indian citizens harbour a disability, with a higher prevalence being reported among older adults, among males, and among people living in rural areas, showing that accessibility is as much a matter of justice as of provision. Poverty and disability are intricately connected, and there is evidence of these leading to vulnerability and exclusion from society and the labour force. The lack of reliable public data on accessibility to PwDs in India impairs inclusion, with some of the challenges being in defining disability and recognition of stigma and exclusions. Poor implementation of well-meaning policies and inappropriate budgetary spending further exacerbate this. Achieving universal accessibility demands more than legal affirmation; it requires strong political will, sustained financing, and administrative accountability. In the backdrop of the recent Supreme Court ruling on universal accessibility, this exploration discusses the importance of grassroots activism and public policy development that is inclusive and efficient with monitoring and evaluation systems in the policy design phase, such that efficiency and learning are imbibed throughout the development, implementation, and evaluation phases. For this to sustain, achieving accessibility must shift from a legal–technical exercise to a justice-oriented target grounded in the nation-building agenda, with sustained financing and continued grassroots activism.
Political knowledge is a key resource for democratic participation. But, it is unevenly distributed. White, male, affluent, and older citizens consistently demonstrate higher levels of policy knowledge. Membership in an issue public – a group with personal stakes in particular policies – may help narrow these gaps by fostering engagement among those most affected. Using a new, representative state survey of nearly 26,000 respondents, we examine knowledge of 10 salient state policies to assess whether issue-based engagement reduces entrenched inequalities. We find large knowledge disparities across class, race, gender, and age, mirroring broader political disparities. Issue public membership boosts issue-specific knowledge for some disadvantaged groups, especially LGBT individuals and women, but not uniformly. Advantaged members of issue publics, such as white or upper-class respondents, remain better informed than their less advantaged counterparts. These findings indicate that issue publics can mitigate, but not eliminate, policy knowledge disparities.
Does a politician’s religion influence their policymaking? While existing research has examined how gender, class, and ethnicity shape political decisions, the role of religiosity remains understudied. This paper investigates how religious values influence debt repayment decisions among local politicians. I develop a novel measure of individual religiosity, based on names matching local patron saints, and apply it to 62,908 candidates in Italian municipal elections. Using a regression discontinuity design, I find that narrowly elected religious Catholic mayors are more likely to increase debt repayment. This effect likely reflects two mechanisms: Catholic moral teachings, which stress the obligation to repay debt, and risk aversion rooted in religion. Overall, these findings demonstrate that religion meaningfully shapes the fiscal behavior of elected officials.
This article examines the institutionalization of emergency preparedness in the United States, situating the Californian experience, particularly in Los Angeles, within this broader transformation from a fragmented federal concern into a decentralized form of governance. Although scholarship has addressed specific risk domains and institutional mechanisms, few studies have explored how civilian roles in preparedness were historically constructed. This research addresses that gap by analyzing how Cold War civil defense mandates were reinterpreted through civic, professional, and institutional networks in California. Adopting a sociohistorical approach, it draws on archival records, media discourse, institutional documents, and US legal sources. Findings reveal that the figure of the “prepared civilian” emerged through contingent adaptations rather than top-down design and that preparedness circulated unevenly across governance levels. The study contributes to public policy history by reframing emergency preparedness as a historically contingent mechanism of power, shaping institutional knowledge and practice within evolving emergency management systems.
In this field essay, we discuss the state of women and politics research in State Politics and Policy Quarterly from 2000 to 2025, and we consider directions for future research on women, gender, and state politics and policy. SPPQ has served as an outlet for research on intersectionality, gendered public policy, and women in state political institutions, although most foundational work on women and state politics has occurred outside of this flagship journal for state politics. We argue that work on women’s mass political behavior in the states, further and more thoughtful assessments concerning the relationship between sex and gender, and expansion of our approaches to intersectionality are key areas for expansion in the journal. We hope that more scholars of women and state politics will submit manuscripts to SPPQ in order to understand further gendered politics and policy in the states from multiple perspectives.
Chapter 8 explores how national governments can help multinational corporations seize emerging opportunities in the low-carbon transition. Building on the prior chapter’s discussion of governance and planning, capacity building, and incentives and regulations, the chapter examines how public policy in these domains can foster sustainable business opportunities. It highlights several specific policy instruments: climate-focused economic zones (governance and planning), green technology and innovation funds (capacity building), and public procurement and regulatory sandboxes (incentives and regulations). The chapter concludes by assessing how firms and governments can collaborate to generate mutually reinforcing climate outcomes, emphasizing public–private partnerships (PPPs) as key vehicles for innovation and risk-sharing. Case studies of Japan’s Fujisawa Sustainable Smart Town, Norway’s Northern Lights CCS project, and California’s ARCHES hydrogen alliance illustrate distinct PPP models.
This chapter explores the experiences of Romani women (Gitanas) in the Spanish Atlantic empire through the lens of inquisitorial records from the seventeenth century. Centering the 1668 trial of María de la Concepción in Veracruz, it investigates how Gitanas navigated the complex religious, social and political landscapes of colonial society. By comparing inquisitorial cases from both Spain and New Spain, the chapter argues that colonial governance was less rigid than its peninsular counterpart, creating spaces in which Gitanas could engage in love magic, healing practices and other ritualized forms of knowledge. Operating in liminal zones across ethnoracial and class boundaries, these women provided services to a wide range of clients. Their practices functioned as both survival strategies and subtle forms of resistance against imperial and ecclesial authorities. The chapter demonstrates that Gitanas leveraged their ambiguous social position to subvert normative boundaries of ethnicity, gender and class, particularly by facilitating relationships that unsettled colonial hierarchies and exposed the permeability of imperial control.